By Martin Miller — Mar 13 - 04:36 AM
• Yen climbs on bets of BOJ rate hikes
• Poll: BOJ set to hold rates this month, but hike to 0.75% in Q3
• USD/JPY has slipped from 148.38 to 147.58, on Thursday, EBS data shows
• Long upper shadow on Wednesday's candlestick hints at an upside rejection
• Dollar remains at risk of an even steeper slump
• Where USD/JPY closes at the end of the week key for direction
• Traders take note; EUR/JPY usually rises in March
Daily Chart:
(Martin Miller is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters